cybersecurity trends

Closing the cybersecurity skills gap: 3 steps risk leaders must take

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Closing the cybersecurity skills gap: 3 steps risk leaders must take

The workforce issues plaguing the cybersecurity sector are no longer a trend — they’re an urgent call to action that leaders need to take steps to answer. Cyber teams are already overwhelmed by the challenges in the modern risk ecosystem. Cyberattacks are growing faster than positions. Employees are underequipped and under-skilled, trying to keep pace with a rapidly evolving digital ecosystem that hackers are keen to exploit. In some cases, companies have even laid off…

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Cyber budgets year-over-year have increased by 59%

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Cyber budgets year-over-year have increased by 59%

Optiv has published its 2024 Threat and Risk Management Report, exploring how organizations are maintaining pace with the evolving threat landscape. Specifically, the report examines the efforts of organizations in terms of cybersecurity investments and governance priorities. For instance, among organizations with more than 5,000 employers, 63% allocated an average of $26 million toward cybersecurity investments in 2024.  The top three investments made among organizations include acquiring additional cybersecurity tools (51%), investing in identity and access…

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